Electric Construction Equipment Market Size, Share, and Trends 2024 to 2034

The global electric construction equipment market size is calculated at USD 15.77 billion in 2025 and is forecasted to reach around USD 100.35 billion by 2034, accelerating at a CAGR of 22.90% from 2025 to 2034. The Asia Pacific electric construction equipment market size surpassed USD 5.36 billion in 2025 and is expanding at a CAGR of 23.08% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : February 2025
  • Report Code : 4046
  • Category : Machinery and Equipment

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Electric Construction Equipment Market 

5.1. COVID-19 Landscape: Electric Construction Equipment Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Electric Construction Equipment Market, By Vehicles

8.1. Electric Construction Equipment Market Revenue and Volume, by Vehicles

8.1.1 Excavators

8.1.1.1. Market Revenue and Volume Forecast

8.1.2. Loaders

8.1.2.1. Market Revenue and Volume Forecast

8.1.3. Cranes

8.1.3.1. Market Revenue and Volume Forecast

8.1.4. Others

8.1.4.1. Market Revenue and Volume Forecast

Chapter 9. Global Electric Construction Equipment Market, By Source

9.1. Electric Construction Equipment Market Revenue and Volume, by Source

9.1.1. Lithium-Ion

9.1.1.1. Market Revenue and Volume Forecast

9.1.2. Lead Acid

9.1.2.1. Market Revenue and Volume Forecast

9.1.3. Others

9.1.3.1. Market Revenue and Volume Forecast

Chapter 10. Global Electric Construction Equipment Market, By End-use 

10.1. Electric Construction Equipment Market Revenue and Volume, by End-use

10.1.1. Residential

10.1.1.1. Market Revenue and Volume Forecast

10.1.2. Construction

10.1.2.1. Market Revenue and Volume Forecast

10.1.3. Industrial

10.1.3.1. Market Revenue and Volume Forecast

Chapter 11. Global Electric Construction Equipment Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Volume Forecast, by Vehicles

11.1.2. Market Revenue and Volume Forecast, by Source

11.1.3. Market Revenue and Volume Forecast, by End-use

11.1.4. U.S.

11.1.4.1. Market Revenue and Volume Forecast, by Vehicles

11.1.4.2. Market Revenue and Volume Forecast, by Source

11.1.4.3. Market Revenue and Volume Forecast, by End-use

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Volume Forecast, by Vehicles

11.1.5.2. Market Revenue and Volume Forecast, by Source

11.1.5.3. Market Revenue and Volume Forecast, by End-use

11.2. Europe

11.2.1. Market Revenue and Volume Forecast, by Vehicles

11.2.2. Market Revenue and Volume Forecast, by Source

11.2.3. Market Revenue and Volume Forecast, by End-use

11.2.4. UK

11.2.4.1. Market Revenue and Volume Forecast, by Vehicles

11.2.4.2. Market Revenue and Volume Forecast, by Source

11.2.4.3. Market Revenue and Volume Forecast, by End-use

11.2.5. Germany

11.2.5.1. Market Revenue and Volume Forecast, by Vehicles

11.2.5.2. Market Revenue and Volume Forecast, by Source

11.2.5.3. Market Revenue and Volume Forecast, by End-use

11.2.6. France

11.2.6.1. Market Revenue and Volume Forecast, by Vehicles

11.2.6.2. Market Revenue and Volume Forecast, by Source

11.2.6.3. Market Revenue and Volume Forecast, by End-use

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Volume Forecast, by Vehicles

11.2.7.2. Market Revenue and Volume Forecast, by Source

11.2.7.3. Market Revenue and Volume Forecast, by End-use

11.3. APAC

11.3.1. Market Revenue and Volume Forecast, by Vehicles

11.3.2. Market Revenue and Volume Forecast, by Source

11.3.3. Market Revenue and Volume Forecast, by End-use

11.3.4. India

11.3.4.1. Market Revenue and Volume Forecast, by Vehicles

11.3.4.2. Market Revenue and Volume Forecast, by Source

11.3.4.3. Market Revenue and Volume Forecast, by End-use

11.3.5. China

11.3.5.1. Market Revenue and Volume Forecast, by Vehicles

11.3.5.2. Market Revenue and Volume Forecast, by Source

11.3.5.3. Market Revenue and Volume Forecast, by End-use

11.3.6. Japan

11.3.6.1. Market Revenue and Volume Forecast, by Vehicles

11.3.6.2. Market Revenue and Volume Forecast, by Source

11.3.6.3. Market Revenue and Volume Forecast, by End-use

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Volume Forecast, by Vehicles

11.3.7.2. Market Revenue and Volume Forecast, by Source

11.3.7.3. Market Revenue and Volume Forecast, by End-use

11.4. MEA

11.4.1. Market Revenue and Volume Forecast, by Vehicles

11.4.2. Market Revenue and Volume Forecast, by Source

11.4.3. Market Revenue and Volume Forecast, by End-use

11.4.4. GCC

11.4.4.1. Market Revenue and Volume Forecast, by Vehicles

11.4.4.2. Market Revenue and Volume Forecast, by Source

11.4.4.3. Market Revenue and Volume Forecast, by End-use

11.4.5. North Africa

11.4.5.1. Market Revenue and Volume Forecast, by Vehicles

11.4.5.2. Market Revenue and Volume Forecast, by Source

11.4.5.3. Market Revenue and Volume Forecast, by End-use

11.4.6. South Africa

11.4.6.1. Market Revenue and Volume Forecast, by Vehicles

11.4.6.2. Market Revenue and Volume Forecast, by Source

11.4.6.3. Market Revenue and Volume Forecast, by End-use

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Volume Forecast, by Vehicles

11.4.7.2. Market Revenue and Volume Forecast, by Source

11.4.7.3. Market Revenue and Volume Forecast, by End-use

11.5. Latin America

11.5.1. Market Revenue and Volume Forecast, by Vehicles

11.5.2. Market Revenue and Volume Forecast, by Source

11.5.3. Market Revenue and Volume Forecast, by End-use

11.5.4. Brazil

11.5.4.1. Market Revenue and Volume Forecast, by Vehicles

11.5.4.2. Market Revenue and Volume Forecast, by Source

11.5.4.3. Market Revenue and Volume Forecast, by End-use

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Volume Forecast, by Vehicles

11.5.5.2. Market Revenue and Volume Forecast, by Source

11.5.5.3. Market Revenue and Volume Forecast, by End-use

Chapter 12. Company Profiles

12.1. Volvo Construction Equipment

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Komatsu

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Caterpillar

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. John Deere

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Honda

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Cummins

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Wacker Neuson

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. XCMG

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Hitachi Construction Machinery

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Liebherr

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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Frequently Asked Questions

The global electric construction equipment market size is expected to increase USD 100.35 billion by 2034 from USD 12.76 billion in 2024.

The global electric construction equipment market will register growth rate of 22.90% between 2025 and 2034.

The major players operating in the electric construction equipment market are Volvo Construction Equipment, Komatsu, Caterpillar, John Deere, Honda, Cummins Wacker Neuson, XCMG, Hitachi Construction Machinery, Liebherr, JCB, Doosan Infracore, Hyundai Construction Equipment, Kobelco Construction Machinery, Sany Group, and Others.

The driving factors of the electric construction equipment market are an increasing demand for sustainable construction practices and government incentives & subsidies.

Asia Pacific region will lead the global electric construction equipment market during the forecast period 2025 to 2034.

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